ISA 701: Understanding Key Audit Matters in the Audit Report
International Standard on Auditing (ISA) 701, effective for audits of financial statements for periods ending on or after 15 December 2016, deals with the auditor’s responsibility to identify and communicate key audit matters (KAMs) in the auditor’s report. The auditing team at GCS Malta discusses this further in the article below. What are key audit […]